12h time frame
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Creating a completed top structure like HS can provide more momentum to future dump.
Therefore, Bitcoin has the potential to pump again to make the right shoulder for the big HS.
Top of the potential right structure is around 28500~29500, pay attention to open short if we see this pump in near future.
Also, in order to liquidate as much long positions as possible before 2024 halving, the neckline at 25200 need to be broken, then a huge dump following based on HS structure, its final target 18500~15800, which is also the great and sweet range to buy Bitcoin!
-
Creating a completed top structure like HS can provide more momentum to future dump.
Therefore, Bitcoin has the potential to pump again to make the right shoulder for the big HS.
Top of the potential right structure is around 28500~29500, pay attention to open short if we see this pump in near future.
Also, in order to liquidate as much long positions as possible before 2024 halving, the neckline at 25200 need to be broken, then a huge dump following based on HS structure, its final target 18500~15800, which is also the great and sweet range to buy Bitcoin!
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
